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The Latest Breaking News from National Debt

Jamie Dimon Backs Buffett Rule: Advocates 30% Tax for Millionaires to Help Cut $35 Trillion National Debt

Jamie Dimon calls for debt reduction and supports the Buffett Rule, which would increase taxes on the wealthy, amid US economic challenges.

International Business Times UK

Mike Pence's Sensible (and Probably Doomed) Plan To Fix the National Debt

Lawmakers must be willing to reform so-called "mandatory spending," Pence's nonprofit argues in a new document.

Reason

US National Debt Surpasses Trillion, Reaching New Milestone

Learn about the alarming rise of the US national debt to over trillion and the urgent need for sustainable fiscal policies to ensure economic stability.

Top News

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We Showed Trump Voters the National Debt

We asked delegates at the Republican National Convention whether a second Trump term would address America's debt problem.

Reason

Larry Fink says America's $35 trillion national debt will be a 'big burden on the backs of our children' unless the private sector is given room to grow

"This is unheard of, it's at an unsustainable level, yet we have the most dynamic, capitalistic system in the world."

Fortune

Why Did Americans Stop Caring About the National Debt?

Both parties—and the voters—are to blame for the national debt fiasco.

Reason

The National Debt Is Crossing an Ominous Line

The U.S. has successfully navigated past debt challenges, notably in the 1990s. Policymakers can fix this if they find the will to do so.

Reason

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Numb to the Numbers

The national debt has become an alarm bell ringing in the distance that people are pretending not to hear, especially in the city that caused the problem.

Reason

The National Debt Is Now So High That Every American Essentially Owes $100,000

We could grow our way out of our debt burden if politicians would limit spending increases to just below America's average yearly economic growth. But they won't even do that.

Reason

The National Debt Is Making Us Poorer

The average American will lose between $5,000 and $14,000 annually by 2054 due to the burden of the growing national debt.

Reason

Where the inflation and national debt figures leave Sunak’s five priorities

Most of the Prime Minister’s five priorities had not been achieved by the end of last year.

The Independent UK

Biden Vs. Trump: Contrasting Tax Plans For Economic Growth

Debate over tax policies between Biden and Republicans, focusing on fairness, economic growth, and national debt implications.

Top News

Beware risks of voter giveaways to public finances, countries facing elections told

IMF says reduction in national insurance may have made cutting UK national debt more difficult

The Guardian - UK

Meet 'Literally Anybody Else,' the Presidential Candidate That 2024 Demands

The 35-year-old Texan formerly known as Dustin Ebey voted for Gary Johnson in 2016 and says the national debt is America's biggest problem.

Reason

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Republicans Renew Focus On Entitlement Reform Amid Growing National Debt

Republican lawmakers are emphasizing the need for entitlement reform to address the national debt and ensure the solvency of programs like Medicare and Soc...

Reason

The National Debt Is a National Security Issue

The growing debt will "slow economic growth, drive up interest payments," and "heighten the risk of a fiscal crisis," the CBO warns.

International Business Times

Former Vice President Mike Pence Says He's Not Endorsing Donald Trump In The 2024 Election

Trump's 2024 campaign, according to Pence, presents him as abandoning the conservative stance on the 'sanctity of human life' and cutting the national debt.

Top News

February Consumer Price Index Released, Inflation In Spotlight

Explore the impact of the February CPI release, Biden's budget proposals, and national debt on the US economy.

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Kiplinger

Top 10 Tax Expenditures in 2024: The Tax Letter

Costly tax breaks will likely come under scrutiny from lawmakers trying to reduce the national debt. We review the 10 largest individual tax expenditures.

Reason

Republicans Use Fuzzy Math To Claim Large FBI, ATF Cuts in Budget Bill

The total appropriations package would cut $200 billion over 10 years, as the national debt expands by $20 trillion.

Top News

Bitcoin Price Surges As U.S. Debt Load Ramps Up

Bitcoin and cryptocurrencies surge as national debt concerns and market dynamics drive prices, sparking economic debates.

Reason

Brian Riedl: Who Bankrupted Us More—Trump or Biden?

"I'm concerned about a Trump-Biden rematch," argues Riedl. "You have two presidents with two of the worst fiscal records of the past 100 years."

Top News

Senator Lindsey Graham Discusses Key Issues Ahead Of South Carolina Primary

South Carolina primary election discussions cover IVF, abortion, border security, and national debt concerns with emphasis on unity and patriotism.

Top News

President Biden Takes Executive Action On Student Loan Debt

President Biden's executive order on student loan debt cancellation and border security discussions spark debate on national debt and states' rights.

International Business Times UK

Labour's Ambitious Home Insulation Plan Faces Uncertainty Amid Debt Concerns

The initiative, aimed at addressing climate change and improving energy efficiency, now faces scrutiny over the potential impact on national debt and the feasibility of implementation.

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